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UN chief slams 'immoral' oil and gas profits

The UN's Secretary General, Antonio Guterres, has called for a windfall tax on oil and gas suppliers - and accused the fossil fuel industry of 'grotesque greed'.

The UN's Secretary General, Antonio Guterres, has called for a windfall tax on oil and gas suppliers. Amid a global energy crisis, Mr Guterres accused the fossil fuel industry of 'grotesque greed'.

Elsewhere, Bangladesh has asked the World Bank and Asian Development Bank for two billion dollars in order to boost its dwindling foreign currency reserves.

Susan Schmidt has your markets update ahead of an anticipated rates rise from the Bank of England.

We'll also be discussing the new Batgirl movie, which - after 90 million dollars' worth of production time - has been unceremoniously scrapped.

(Picture: UN Secretary General, Antonio Guterres, addresses a panel at the UN's headquarters in New York. Credit: Getty Images).

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27 minutes

Last on

Wed 3 Aug 2022 21:32GMT

Broadcast

  • Wed 3 Aug 2022 21:32GMT